Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    424 S Gay St Knoxville, TN 37917

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $25 SF/Yr ($16,041 /Mo)

    7,700 SF office space in iconic downtown landmark.

    Property size:
    7,700 SF
    Lot size:
    0.02 Acres

    Property Features for 424 S Gay St

    General Information

    Size
    7,700 SF
    Lot size
    0.02 Acres

    Source: SVN I Wood Properties Agent Taylor Thompson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Knoxville Office Space

    Office space is available for lease within the historic Woodruff’s Building, a notable landmark situated at 424 S. Gay Street in downtown Knoxville. Suite 200 provides 7,700 square feet of office space, featuring large windows that overlook Gay Street and allow for abundant natural light. Additional shell floors are available, offering the potential for up to 30,800 square feet of contiguous space. The third, fourth, and fifth floors are currently unfinished and can be customized for office or event purposes. The building's first floor houses Downtown Grill & Brewery, providing tenants with walkable access to Market Square, the Old City, and various downtown amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Woodruff Brewing Co Brewery Downtown Grill & Brewery Bar & Grill Mc Cord David ... Lawyer Davis William W Attorney

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Clothing Store Building Supply Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.918162
    Latitude
    35.965801

    Nearby Similar for Lease

    • $1,925,000
      Pending

      Knoxville Office Building For Lease

      Well-maintained office building with modern upgrades, ideal for various uses.
      4624 Chambliss Ave, Knoxville, TN 37919
      View Details
    • $5,500 /Mo
      3,148 SF

      Renovated Office Space Near Downtown

      Partially furnished 3,148 SF dental/medical office space for rent.
      2607 Kingston Pike, Knoxville, TN 37919
      View Details
    • $23 SF/Yr
      2,700 SF

      Downtown Knoxville Creative Office Space

      Modern office space in the historic Phoenix Building on Gay Street.
      418 South Gay St, Knoxville, TN 37917
      View Details
    • $18 SF/Yr
      11,609 SF

      Versatile Studio Space in Knoxville

      Exceptional leasing opportunity with modern amenities and versatile spaces.
      9721 Sherrill Blvd, Knoxville, TN 37932
      View Details
    • $12 SF/Yr
      11,152 SF

      Versatile Knoxville Office Space Available

      Flexible office spaces with modern upgrades and convenient location.
      2400 Sutherland Ave, Knoxville, TN 37919
      View Details
    • $1,275 /Mo
      700 SF

      Revitalized Retail Space Available

      Recently renovated retail suites with high visibility in Knoxville.
      3930 Martin Luther King Jr Ave, Knoxville, TN 37914
      View Details

    FAQs

    What type of property is this?
    Office space - 7,700 SF office space in iconic downtown landmark.
    Where is this office space located?
    The property is located at 424 S Gay St Knoxville, TN.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - 7,700 SF of built-out office space in Suite 200; - Located in the historic Woodruff’s Building, an iconic downtown Knoxville landmark; - Large windows overlooking Gay Street with abundant natural light
    (423) 440-9450
    Request Owner's contact information
    424 S Gay St Knoxville, TN 37917
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    424 S Gay St
    Knoxville, TN 37917
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    424 S Gay St Knoxville, TN 37917
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.